San Francisco supervisor Aaron Peskin told CNBC that an arrest was made in the fatal assassination of Cash App founder Bob Lee on April 4.
Earlier Thursday, local San Francisco media local mission reported that police traveled to Emeryville, Calif., with a warrant for the arrest of a suspect in the case. Local Mission and the San Francisco Chronicle named Nima Momeni as a suspect. He is a tech entrepreneur in the Bay Area, according to his LinkedIn profile and reports.
Jail records show Momeni, 38, was arrested on suspicion of murder at 9:19 a.m. Thursday.
According to media reports, the suspect knew Lee.
Peskin separately told NBC Bay Area that the San Francisco Police Department arrested an individual in Emeryville, a suburb of the city, and that “apparently” the killing was “not a random act,” but was not provided no further details. The police department is expected to hold a press conference with more details later Thursday.
San Francisco police officers found Lee, 43, was stabbed at 2:35 a.m. in a deserted neighborhood in downtown San Francisco. He was taken to hospital with life-threatening injuries and later died, police said at the time.
Bob Lee, the product manager at MobileCoin, who was killed on April 4, 2023.
Source: MobileCoin
Lee worked as a product manager for cryptocurrency company MobileCoin. He previously served as Chief Technology Officer at Square (now known as Block), a fintech company co-founded by former Twitter chief Jack Dorsey. Lee then created Cash App, a money transfer service.
He was also an investor in Elon Musk‘s SpaceX as well as other tech companies, such as social audio app Clubhouse, according to its LinkedIn profile.
He was widely praised by former colleagues, including MobileCoin CEO Joshua Goldbard, who said in a Twitter thread that Lee was a “brilliant” visionary with a “kaleidoscopic” mind.
– NBC Bay Area contributed to this article.